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Running a successful business is no easy task. Statistics show that more than half of all startups will fail by their fifth year. Unfortunately, many entrepreneurs neglect to set up the proper business entities for their commercial endeavors, forcing them to pay more taxes and do more paperwork while placing their personal assets liable to civil lawsuits.

A personal injury claim results when someone is injured due to the negligence or wrongful act of another. In such case, the injured party may seek compensation from the person or company whose negligence or wrongful act caused the injury. Filing a personal injury claim is necessary for injure...